In August, GST revenue continued to rise by 10% year-on-year to reach ₹1.75 lakh crores. Notably, IGST collections surged by 12.45% compared to last year, highlighting robust growth in imports.

The rise in GST collections is backed by higher consumption and enhanced tax compliance across the nation, streamlining GST operations. As we approach the festive season, we anticipate even greater boosts in revenue driven by seasonal spending and continued economic momentum.